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TORONTO – Five things to watch for in Canadian business the week ahead: CP Rail results
CP Rail's Chief Executive Officer speaks with investors following the release of the first quarter financial results on Tuesday. Analysts expect on average that the railway company reports earnings of $ 3.02 per share for the quarter on a $ 1.78 billion business figure, according to Thomson Reuters Eikon.
Wholesale trade
Statistics Canada publishes wholesale trade data for February on Tuesday. The agency said wholesale sales rose 0.6% in January to $ 63.5 billion, the second consecutive monthly increase, exceeding economists' expectations of a 0 increase. 5%.
Day of the badyst Lululemon
Lululemon Athletica Inc. is holding its Analyst Day Wednesday. The Vancouver-based company announced in March its plan to expand its product offering and implement a national loyalty plan after earnings jumped more than 80 percent in its last quarter, exceeding expectations. badysts.
Bank of Canada
The Bank of Canada will make an interest rate announcement and publish its latest economic outlook in its Monetary Policy Report released on Wednesday. The central bank is generally expected to maintain its key rate at 1.75%, but its economists will look at the outlook for the economy after the weakness seen at the end of 2018.
TransAlta tiff
TransAlta Corp. hold its annual and special meeting of shareholders 2019 Friday in Calgary. Activist shareholders Mangrove Partners and Bluescape Energy Partners announce that they will refuse support to three TransAlta directors to protest a $ 750 million contract between the utility company and Brookfield Renewable Partners.
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